T-Mobile US, Inc. (NASDAQ:TMUS) Receives $185.93 Consensus PT from Analysts

Shares of T-Mobile US, Inc. (NASDAQ:TMUSGet Free Report) have been given an average recommendation of “Buy” by the fourteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Thirteen investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $185.93.

Several equities analysts have commented on the stock. Morgan Stanley increased their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. KeyCorp dropped their price target on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday, January 26th. Benchmark reiterated a “buy” rating and issued a $200.00 price target on shares of T-Mobile US in a research note on Friday, January 26th. Raymond James raised their target price on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Finally, Oppenheimer restated an “outperform” rating and set a $190.00 target price on shares of T-Mobile US in a research report on Tuesday, December 19th.

Check Out Our Latest Research Report on T-Mobile US

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $162.67 on Tuesday. The firm has a market capitalization of $193.07 billion, a P/E ratio of 23.39, a P/E/G ratio of 0.66 and a beta of 0.49. T-Mobile US has a 52 week low of $124.92 and a 52 week high of $168.64. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. The firm’s 50 day moving average is $162.61 and its two-hundred day moving average is $154.16.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.23). The company had revenue of $20.48 billion during the quarter, compared to analysts’ expectations of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.18 earnings per share. Research analysts forecast that T-Mobile US will post 8.98 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be given a $0.65 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a yield of 1.60%. T-Mobile US’s dividend payout ratio (DPR) is 37.52%.

Insider Activity at T-Mobile US

In related news, insider Michael J. Katz sold 6,655 shares of T-Mobile US stock in a transaction on Friday, February 16th. The shares were sold at an average price of $161.23, for a total value of $1,072,985.65. Following the transaction, the insider now directly owns 126,616 shares in the company, valued at approximately $20,414,297.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Michael J. Katz sold 6,655 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $161.23, for a total value of $1,072,985.65. Following the completion of the sale, the insider now directly owns 126,616 shares of the company’s stock, valued at approximately $20,414,297.68. The disclosure for this sale can be found here. Insiders have sold a total of 5,731,137 shares of company stock worth $932,836,118 in the last three months. Insiders own 0.70% of the company’s stock.

Institutional Investors Weigh In On T-Mobile US

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Kapitalo Investimentos Ltda acquired a new stake in T-Mobile US in the fourth quarter valued at $300,000. HighPoint Advisor Group LLC acquired a new stake in T-Mobile US in the fourth quarter valued at $1,350,000. Grayhawk Investment Strategies Inc. acquired a new stake in T-Mobile US in the fourth quarter valued at $170,000. Skyline Advisors Inc. acquired a new position in shares of T-Mobile US during the 4th quarter worth $213,000. Finally, B. Riley Wealth Advisors Inc. raised its stake in shares of T-Mobile US by 10.5% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 23,980 shares of the Wireless communications provider’s stock worth $3,845,000 after buying an additional 2,286 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

About T-Mobile US

(Get Free Report

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.

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Analyst Recommendations for T-Mobile US (NASDAQ:TMUS)

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